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Hoover

Why you'd want to live in Hoover

Hoover is a city in Alabama state in USA with a population of 85386 residents.. The poverty rate of Hoover is 5.7%, which is 59% lower than national average. The typical household in Hoover earns $92984 a year, compared to the national median of $67,500. Nearly 25.4% of households earn less than $50,000 a year compared to 39% national rate. A high school education is a basic prerequisite for most jobs, and in Hoover, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hoover remained 4%, which is 15% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hoover, only 59% of adults have a bachelor's degree and 25% have some college but no degree. Cost of living in Hoover is 110, which is 10% higher than national average. Median home value in Hoover is $298400 , which is 30% higher than national average. While median income in Hoover remained $92984, which is 38% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere via localobserverdaily.com

Hoover Market Report

$621,553

AVERAGE PRICE OF 382 HOMES

$397,475

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,436,373

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$712,820

AVERAGE PRICE OF 201 NEWLY BUILT HOMES

$746,314

AVERAGE PRICE OF 203 HOMES WITH A POOL

$512,757

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $621,553
Avg Bedrooms 4.02 beds
Avg Bathrooms 3.63 baths

Average Price by Bedrooms

2 bedrooms $214,942
3 bedrooms $441,823
4 bedrooms $595,402
5 bedrooms $800,740
Hoover Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 404 441 455 470 494
Average Price $616,330 $609,376 $606,029 $614,718 $609,333
Avg Price Change +1.14% +0.55% -1.43% +0.88% n/a
Median Price $564,012 $548,037 $534,827 $527,747 $524,470
Med Price Change +2.91% +2.47% +1.34% +0.62% n/a
Avg Bedrooms 3.99 beds 3.98 beds 3.95 beds 3.94 beds 3.93 beds
Avg Bathrooms 3.61 baths 3.59 baths 3.54 baths 3.55 baths 3.55 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 382 $621,553 101 days
Distressed Homes 4 $397,475 110 days
Multi-Million Dollar Homes 29 $1,436,373 165 days
Newly Built Homes 201 $712,820 136 days
Homes with a Pool 203 $746,314 123 days
Reduced Price Homes 7 $512,757 35 days
Red Hawk Realty Group
1021 Brocks Gap Pkwy Ste. 125
Hoover, AL 35244
205-983-4295

Provided Courtesy Of Greater Alabama MLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed. Copyright ©2022 Greater Alabama MLS, Inc. All Rights Reserved. Data last updated: December 2, 2022
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